Summer is often a time when people make major life decisions. Common events include buying a home, getting married or changing jobs. If you're looking for a new job in your same line of work, you may be able to claim a tax deduction for some of your job hunting expenses.

Here are seven things the IRS wants you to know about deducting these costs:

Your expenses must be for a job search in your current occupation. You may not deduct expenses related to a search for a job in a new occupation. If your employer or another party reimburses you for an expense, you may not deduct it.

You can deduct employment and job placement agency fees you pay while looking for a job.

You can deduct the cost of preparing and mailing copies of your résumé to prospective employers.

If you travel to look for a new job, you may be able to deduct your travel expenses. However, you can only deduct them if the trip is primarily to look for a new job.

You can't deduct job search expenses if there was a substantial break between the end of your last job and the time you began looking for a new one.

You can't deduct job search expenses if you're looking for a job for the first time.

You usually will claim job search expenses as a miscellaneous itemized deduction. You can deduct only the amount of your total miscellaneous deductions that exceed two percent of your adjusted gross income.

For more information, see Publication 529, Miscellaneous Deductions. This booklet is available on IRS.gov or by calling 800-TAX-FORM (800-829-3676).

March 2 — Payers of gambling winnings. File Form 1096 along with Copy A of all the Forms W2G you issued for 2014. If you file Forms W2G electronically, your due date for filing them with the IRS will be extended to March 31. The due date for giving the recipient these forms remains February 2.

March 2 — All employersFile Form W3, Transmittal of Wage and Tax Statements, along with Copy A of all the Forms W2 you issued for 2014. If you file Forms W2 electronically, your due date for filing them with the SSA will be extended to March 31. The due date for giving the recipient these forms remains February 2.

March 2 — Large food and beverage establishment employers File Form 8027, Employer's Annual Information Return of Tip Income and Allocated Tips. Use Form 8027T, Transmittal of Employer's Annual Information Return of Tip Income and Allocated Tips, to summarize and transmit Forms 8027 if you have more than one establishment. If you file Forms 8027 electronically, your due date for filing them with the IRS will be extended to March 31.

March 2 — Wagering tax File Form 730 and pay the tax on wagers accepted during January.

March 2 — Heavy highway vehicle use tax File Form 2290 and pay the tax for vehicles first used in January.

March 10 — Employees who work for tipsIf you received $20 or more in tips during February, report them to your employer - Details

March 11 — Communications and air transportation taxes under the alternative method. Deposit the tax included in amounts billed or tickets sold during the first 15 days of February.

March 13 — Regular method taxes Deposit the tax for the last 13 days of February.

March 16 — CorporationsFile a 2014 calendar year income tax return (Form 1120) and pay any tax due - Details

March 16 — S CorporationsFile a 2014 calendar year income tax return (Form 1120S) and pay any tax due - Details

March 16 — S Corporation electionFile Form 2553, Election by a Small Business Corporation, to elect to be treated as an S corporation beginning with calendar year 2015. If Form 2553 is filed late, S corporation treatment will begin with calendar year 2016.

March 16 — Electing larger partnershipsProvide each partner with a copy of Schedule K1 (Form 1065B), Partner's Share of Income (Loss) From an Electing Large Partnership, or a substitute Schedule K1. This due date applies even if the partnership requests an extension of time to file the Form 1065B by filing Form 7004

March 16 — Social security, Medicare, and withheld income tax If the monthly deposit rule Page 6 Publication 509 (2015) applies, deposit the tax for payments in February.

March 25 — Communications and air transportation taxes under the alternative method. Deposit the tax included in amounts billed or tickets sold during the last 14 days of February.

March 27 — Regular method taxes Deposit the tax for the first 15 days of March.

March 31 — Electronic filing of Forms W2 File copies of all the Forms W2 you issued for 2014. This due date applies only if you electronically file.

March 31 — Electronic filing of Forms W2G File copies of all the Forms W2G you issued for 2014. This due date applies only if you electronically file.

March 31 — Electronic filing of Forms 8027 File Forms 8027 for 2014. This due date applies only if you electronically file.

March 31 — Wagering tax File Form 730 and pay the tax on wagers accepted during February.

March 31 — Heavy highway vehicle use tax File Form 2290 and pay the tax for vehicles first used in February.

March 31 — Electronic filing of Forms 1097, 1098, 1099, 3921, 3922, and W2G.File Forms 1097, 1098, 1099, 3921, 3922, and W2G with the IRS. This due date applies only if you file electronically. Otherwise, see March 2. The due date for giving the recipient these forms generally remains February 2.
View More Tax Dates